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. >> government is not efficient at using money. >> when he was 24 he had no job himself and no prospect. >> what more can i ask for. >>e started a software company. he grew it and sold it for millions. >> then my partner said, you are the geek. there h to be a way to listen to indiana basketball over the internet. >> so he started another company. >> i put a line in the second bedroom in my house >> without a government program, mark cuban created something. >> when this over, we're idiots and this is worth nothing. >> five years later they sold that company for 67 bye. >> the most patriotic thing you can do as an american is be filthy rich. you creating opportunities. >> he used his billion dollars to create more wealth. he bought a lougs si basketball team. >> we took team not expected to win and they became national champions? >> i walked in evebody if you mention our win-loss record you are fired. losing is contagious. we had a survival attitude as opposed to let's win attitude. if you don't think like winners, i'm going trade yound get rid of you. it took us 12 years but we won a world cham
is killing people. sos sos the media tell us -- >> poverty has reached new b depths. john: but as usual, the media missed the big picture. >> i was only four years old when i saw my mother load theat washing machine for the very first time in her life. w john: his grandmother was thrilled by a washing machine. >> and she sat down in front of, the machine, and she watched entire washing program. >> two, one, fire. john: the machines coming next are even more mesmerizing thanks to competition -- >> offer a prize, and they will come. john: and build cool new cars c and spaceships.sp >> entrepreneurs can do what only governments could dold d before. john: maybe they'll invent the i new cars on cities built onlt water free the tent calls of neb government -- tentacles from government. ideas have sex. wait, what? yes, this writer explains. >> ideas spread, and when they t meet, they can mate.t jon john and because of that, we live in a wonderful world.n that's a our show constant tonight. ♪ >> and now, john stossel. ♪ and i think to, what a wonderful world ♪ john: what a wonderful world
public toilet? >> us grows. >> yes. this is the image i have a public toilets. my town's public parks, including this one. garbage everywhere. buildings covered with graffiti. fields bear of grass. caring is not necessarily sharing. this part now so nice. it's under the management. john: but that goes against what people expect. >> this is a privately managed property. >> really? john: even the tour let's are better. because when you own something you take care of it. when no one owns it nobody takes care of it. nobody watches a rental car. >> people destroy the other, a property like much of the world's rainforests, american settlers nearly killed. now we are overfishing the ocean . no one really cares about it. no one really takes care of it. that's our show tonight. >> hands now john stossel. john: the idea of sharing, communal property. it does lead to what economists call the tragedy of the comic. the tragedy because nasty things happen when everyone on something. i first heard that phrase and a story about some shepherds who live around a grassy area they call the commons. of th
. >> this is the image of public toilets. in my town public parks including this one used to look gross. garbage and graffiti. >> sharing is not necessarily caring. sharing can mean neglect but then why is this park so nice because it's under new management. private management. >> it goes against what people expect. >> this is privately managed park? >> really. i did notice last week. >> john: even the toilets are better. >> they clean them very nicely. >> when you own something you take care of it. when no one owns it, nobody takes care of it. nobody watches a rental. >> people destroy other property like the rain forest. settlers killed nearly almost all of the buffalo. now, we are overfishing the ocean. >> when nobody owns it nobody takes care it. it's the tragedy of the commons. that is our show tonight. >> hands now john stossel. >> john: we like the idea of sharing, communal property but it does lead to one economists call the tragedy of the commons because nasty things happen when everybody owns something. i first heard that phrase and a story about some shepherds who live around a grassy
Search Results 0 to 3 of about 4

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